Global Phytonutrients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global phytonutrients market in its upcoming report titled, “Global Phytonutrients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global phytonutrients market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global phytonutrients market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global phytonutrients market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global phytonutrients market report has been segmented on the basis of type, application, and region.
Phytonutrients are compounds present in plants, which function as anti-oxidants to enhance the immune system, mimic the functions of hormones, detoxify carcinogens, and suppress development of diseases. Most fruits and vegetables contain phytonutrients. Plants produce these substances naturally to protect themselves against viruses and bacteria. Phytonutrients are simultaneously developed by plants to shield against damage, as well as to provide color, flavor and aroma in plants.
Rising demand of phytonutrients in food & beverages industries is a key factor driving growth of the global phytonutrients market. Adoption of phytonutrients in pharmaceutical industry in order to reduce diabetes related problems and usage in dietary supplements is on the rise. Phytonutrients are increasingly used to prevent heart diseases, cancer, and also blindness, which are other factors anticipated to fuel growth of the global phytonutrients market over the forecast period. Furthermore, rising demand of phytonutrients in feed and cosmetics industries is also expected to boost growth of the global phytonutrients market.
However, absence of techniques to measure quality standards of phytonutrients and its supplements is a key factor restraining growth of the global phytonutrients market. Moreover, one of the main issue with phytonutrient supplements is the lack of regulation in products, which includes labeling and advertising which is another factor expected to hamper growth of the global phytonutrients market over the forecast period.
The global phytonutrients market report has been segmented on the basis of type, application, and region. On the basis of region, the global phytonutrients market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The market in Europe is expected to dominate the global phytonutrients market and accounts for highest market share in terms of revenue, owing to rising number of health conscious population in countries in the region. The market in North America expected to account for the second-highest revenue share contribution to the global phytonutrients market followed by markets in Asia Pacific, Latin America, and Middle East & Africa, owing to growing awareness of towards the benefits of phytonutrients.
Global Phytonutrients Market Segmentation:
Global phytonutrients market segmentation by type:
- Arotenoids
- Phytosterols
- Flavonoids
- Phenolic compounds
Global phytonutrients market segmentation by application:
- Food & beverages
- Feed
- Pharmaceuticals
- Cosmetics
Global phytonutrients market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- BASF SE
- Koninklijke DSM N.V.
- Cyanotech Corporation
- Raisio Plc.
- Cargill Inc.
- The Archer Daniels Midland Company
- Hansen A/S
- Cyanotech Corporation
- Kemin Industries
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